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EXECUTIVE SUMMARY

 
 

2015

YEAR BUILT

243,067SF 

NET RENTABLE AREA

289

TOTAL UNITS

841SF 

AVERAGE UNIT SIZE

 
 
 

PROPERTY HIGHLIGHTS

Dwell  at  Legacy  is  at  the  heart  of  what  is  becoming  Stone  Oak’s  Town Center. Located within the mixed-use master planned Legacy Shopping Center, Dwell at Legacy offers residents one of the few walkable amenitized locations in San Antonio. Legacy Shopping Center is a 600,000 square foot retail center with major retailers

Dwell  at  Legacy  is  zoned to  San  Antonio’s  desirable  North  East  Independent  School District. These schools are highly reputable and have received very high ratings according to GreatSchools.org

Completed  in  2015, Dwell  at  Legacy  offers twenty-one different floor plans with two levels of interior finishes: The Standard Unit Type (144 units) and the Premium Unit Type (145 units). The Premium Type is garnering a $74 premium over Standard units of the same floorplan. 

Dwell at Legacy is averaging 23 average move-ins per month from February 2016 to May2016.

Developed in 2015 by Embrey Partners, Dwell at Legacy is the latest  addition  to  the San  Antonio  apartment  living  scene.  The  property  is  currently  garnering  some  of  the highest  rents  in  suburban  San  Antonio  because  of  the  asset’s  quality,  location,  and  nearby  amenities. It’s becoming Stone Oak’s Town Center. 

Favorable  Demographics  Demonstrating  Rental  Rate  Growth  Upside: On  average,  residents  earn  more  than $118,420 per household, creating a market rent to income ratio of 10.7%. In addition, the average age of Dwell at Legacy residents is 37 and  more than 59% of Dwell at Legacy residents work in the Professional Services, IT Products & Services or Healthcare industries. 

PROPERTY HIGHLIGHTS

Dwell at Legacy has seen strong lease-up velocity, and so far has proven to be one of the newest and best additions to the San Antonio apartment living scene.

The quality of construction of Dwell at Legacy is second to none, and serves as a major differentiator for discerning residents

Located in a Core Suburban area within the heart of the Legacy master-planned development, surrounded by a wide variety of shopping, dining, and entertainment options.

Dwell at Legacy provides residents the urban experience within a suburban setting.

Dwell at Legacy is located next to a multitude of retail and entertainment including Northwoods Shopping Center, suiting the live, work, play environment that today’s residents desire.

Quality of construction and unit amenities is superior to other assets in the market and should allow property management to push rents.

The location adjacent to Highway 281 and Highway 1604 offers great visibility and access to major thoroughfares in San Antonio.

 

Developed in 2015, Dwell at Legacy offers twenty-one different floorplans with two levels of interior finishes.

Dwell at Legacy is being sold on an All Cash Basis to allow for unrestricted financing options.